Vijayaa Diagnostic Centre – Technical Outlook
(SEBI Reg. INH000019886 | Educational Purpose Only)
🔹 Technical View:
The stock has broken out from a long falling wedge pattern after multiple retests of the lower trendline. Recent candles show strong buying interest near ₹1,000 support, with Bollinger Bands opening up to signal momentum expansion.
🔹 Indicators:
RSI is recovering from lower levels, showing early strength.
MACD turning upward, indicating a potential trend reversal.
Volume spike adds confirmation to the breakout move.
🔹 Key Levels:
Immediate Resistance: ₹1,052 – sustained close above this can accelerate upside.
Supports: ₹1,018 / ₹985
Upside Target Zone: ₹1,180–₹1,220 post confirmed wedge breakout.
🔹 Bias:
Momentum shifting positive after a prolonged consolidation; further strength likely above ₹1,052.
⚠️ Disclaimer: Educational analysis only; not a buy/sell recommendation.